O.C.G.A. § 7-1-914 — Civil penalties; action for recovery

(a) For each willful violation of this article, the commissioner may assess upon any ﬁnancial institution and upon any director, officer, or employee thereof who willfully participates in the violation a civil penalty not exceeding $1,000.00. (b) In the event of the failure of any person to pay any penalty assessed under this Code section, a civil action for recovery thereof may, in the discretion of the commissioner, be brought in the name of the State of Georgia. (c) Whoever conducts or attempts to conduct a transaction described in subsection (c) of Code Section 7-1-915 is liable to the State of Georgia for a civil penalty of not more than the amount of the funds involved in the transaction or $10,000.00, whichever is greater. History. Code 1981, § 7-1-914, enacted by Ga. L. 1982, p. 2219, § 1; Ga. L. 1989, p. 1211, § 19. 7-1-915. Criminal penalties; penalties imposed by other Code sections not superseded. (a) Except as provided in subsection (b) of this Code section, whoever 508 7-1-916 willfully violates any provision of this article shall be guilty of a misdemeanor. (b) Whoever willfully violates any provision of this article where the violation is: (1) Committed in furtherance of the commission of any other violation of Georgia law; or (2) Committed as part of a pattern of illegal activity involving transactions exceeding $100,000.00 in any 12 month period shall be guilty of a felony and, upon conviction thereof, shall be punished by a ﬁne of not more than $500,000.00 or by imprisonment for not more than ﬁve years, or both. (c) Whoever, knowing that the moneys involved in a currency transaction represent the proceeds of some form of unlawful activity, conducts or attempts to conduct such a transaction which in fact involves the proceeds of speciﬁed unlawful activity: (1) With the intent to promote the carrying on of speciﬁed unlawful activity; or (2) Knowing that the transaction is designed in whole or in part to conceal or disguise the nature, the location, the source, the ownership, or the control of the proceeds of speciﬁed unlawful activity; or to avoid a transaction reporting requirement under this article shall be sentenced to a ﬁne of not more than $500,000.00 or twice the amount involved in the transaction, whichever is greater, or imprisonment for not more than 20 years, or both. (d) Nothing in subsection (c) of this Code section nor in subsection (c) of Code Section 7-1-914 shall supersede any provision of law imposing criminal or civil penalties or affording civil remedies in addition to those provided for in this Code section or in Code Section 7-1-914. History. Code 1981, § 7-1-915, enacted by Ga. L. 1982, p. 2219, § 1; Ga. L. 1983, p. 3, § 5; Ga. L. 1989, p. 1211, § 20.